Families come in all shapes and sizes, from all corners of the world, to start a life in Germany. Some find themselves just passing by, while others explicitly emigrated to the country due to what it has to offer.
Truth is, moving is messy enough. Adopting or giving birth to a child is challenging to say the least.
Combine both and at the end of the day, the last thing you will want to worry about are your finances
and understanding the system.
Here some insights to make the most of you expat-parent status.
Yes! We can make you aware of the options and even consult you on how to receive further subventions through private financial instruments.
"Are there any other benefits apart from the child benefits?"
Bear in mind, that whether you are entitled to receiving statutory benefits or not depends on your nationality and residence permit type.
We can show you the added advantages of specific financial products, bringing you either subventions or tax benefits.
For expats, private health insurance is the topic surrounded by most myths and half-truths.
Health coverage should be tailored to your needs.
The size of your family and both yours and your spouse's occupation play a role when deciding whether to switch.
"Being in the private health insurance my children are surely co-insured, right?"
No, this applies to the family insurance of the statutory health insurance system.
Each policy is to be checked and tailored individually to your current needs as a family.
After all, it is a significant life-changing event!
"Once I take out insurance policies they automatically co-insure my spouse and children"
Getting your portfolio checked is basic. If you just arrived in Germany then you will need both basics and specifics. As much as necessary, but as little as possible.
If you have a mixed global portfolio, worry not since you are not alone. We can help you.
Depending on your risk mentality, preferences, and the chosen time frame we draft a portfolio which enriches your pre-existing global one. We help you find a balanced combination of real estate, market-dependent, and market-independent options.
"I'd like to retire early and create generational wealth for my children"
We can help you achieve both. You expat status in Germany generally allows for you to invest and create assets that will pave the way towards it.
If you want to profit from the compound interest effect even further,
why not start a children investment plan?
When the time comes, that money becomes a door opener,
giving them a head-start in life.
There are many options available.
Create a solid foundation.
Enable a better future
for your children and yourself.